- Not enactedThe President has not signed this bill
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- The house has not voted
Committee on the JudiciaryIntroducedDecember 2nd, 2010
- house Committees
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Preserving Foreign Criminal Assets for Forfeiture Act of 2010
To amend title 28, United States Code, to prevent the proceeds or instrumentalities of foreign crime located in the United States from being shielded from foreign forfeiture proceedings.
Preserving Foreign Criminal Assets for Forfeiture Act of 2010 - Amends federal forfeiture law regarding the enforcement of a foreign judgment to allow the U.S. government to apply for, and a U.S. district court to issue, a restraining order to preserve the availability of property located in the United States that is subject to civil or criminal forfeiture under foreign law, at any time before or after the initiation of forfeiture proceedings by a foreign nation. (Current law allows a restraining order before or after the United States files an application on behalf of a foreign nation seeking to enforce a foreign forfeiture or confiscation judgment.)